- #70 of 372
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$299 Money Factor
by dman090
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Aug 07, 2006 (10:43 am)
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Does anyone know the money factor that Cadillac is using for its 299/mo setup?
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- #71 of 372
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2005 CTS
by cme2c
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Aug 07, 2006 (4:47 pm)
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Carman,
Any idea what the dealer incentive and Residuals would be for a 2005 CTS. I would like to do a 39 or 48 month with 15,000 miles. A local dealer has a new 2005 CTS with Sport package and Auto Trans. MSRP is 42,000. I am hoping to get about 10,000 off MSRP, maybe more. Nobody was there tonight, gonna go back tomorrow to try to deal.
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- #72 of 372
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Follow up on 2005 CTS
by cme2c
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Aug 08, 2006 (9:07 am)
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The 2005 CTS I mentioned above has the 1sc package, sport package, luxury package, autotrans. Just curious if they still offer the non-GM owner bonus?
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- #73 of 372
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Re: Lease numbers for 2006 CTS (Demo car) 3.6 L Automatic [radioative2006]
by Car_man HOST
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Aug 15, 2006 (2:19 am)
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Replying to: radioative2006 (Aug 03, 2006 8:24 am)
Hi radioative2006. What is this car's full MSRP? I ask because this number will show me how much of a discount you are being given and it will enable me to use GM's current lease program to estimate its monthly payment. For now I can tell you that it is not in your best interest to make such a large down payment on this lease. Consumers can and should lease any vehicle that they are interested in without making any sort of down payment. I say this because if your leased vehicle is totaled in an accident or stolen and never recovered during your lease your down payment essentially disappears. Anyhow, let me know this car's MSRP and I'll tell you what I think.
Car_man
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- #74 of 372
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Re: Question about incentives and credit score [aph]
by Car_man HOST
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Aug 15, 2006 (2:25 am)
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Replying to: aph (Aug 04, 2006 1:19 am)
Hello aph. Consumers' credit scores do not have any impact upon the cash incentives that are available on vehicles. They only impact the interest rate that you will be charged if you want to finance or lease. This is a moot point anyhow because I do not believe that the aforementioned dealer cash is compatible with GMAC's special lease program for this model. GMAC is usually fairly lenient in who it approves for its special finance and lease offers. While I cannot say for certain, I suspect that there is a very good chance that you will qualify for GM's special lease program for the CTS.
Car_man
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- #75 of 372
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Re: Quote [aph]
by Car_man HOST
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Aug 15, 2006 (2:36 am)
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Replying to: aph (Aug 04, 2006 12:43 pm)
Hi aph. The 3.95% lease rate that you were quoted for this car is right in line with GMAC's current base lease rate for it. This is always a good thing. While GM is providing $3,000 customer cash on the '06 CTS right now, its normal customer cash incentives are not compatible with special leases through GMAC. GM has special lease cash incentives that are compatible with leases through GMAC. Its current lease cash allowance on the '06 CTS 2.8L is $2,800. The "Administrative Fee" that you were quoted is too high though. GMAC charges a $595 acquisition fee on every vehicle that it leases. You shouldn't have to pay any more than that. $500 over dealer invoice minus the $2,800 lease cash for a car that this dealer has to swap for is a very reasonable deal. I'm not sure why the prices that the dealer you are working with mentioned are different than the prices that you saw listed here though. The "older" MSRP excuse really doesn't fly. When GM reduced the MSRPs of its cars in mid-January it gave dealers dealer cash on their existing inventory to make up for the difference. Any '06 CTS 2.8L that this dealer has had in inventory prior to the price reduction would be eligible for $803 dealer cash.
Car_man
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- #76 of 372
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Re: $299 Money Factor [dman090]
by Car_man HOST
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Aug 15, 2006 (2:38 am)
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Replying to: dman090 (Aug 07, 2006 10:43 am)
Hi dman090. GMAC's current base lease rate for the 2006 Cadillac CTS is 3.95%. As you can see, GMAC publishes lease rates instead of money factors for the vehicles that it leases. You can convert its published lease rates into approximate money factor equivalents by dividing them by 2400. So a lease rate of 3.95% would be equivalent to a money factor of around .00165.
Car_man
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- #77 of 372
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Re: 2005 CTS [cme2c]
by Car_man HOST
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Aug 15, 2006 (3:42 am)
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Replying to: cme2c (Aug 07, 2006 4:47 pm)
Hi cme2c. Earlier this year General Motors provided dealers with a $1,750 final dealer cash payment for any 2005 Cadillac CTS models that they had remaining in inventory. GMAC is no longer leasing '05 models. You might be able to find an independent bank that would lease you this car, but this late in the model year I doubt it. If you really want an '05 CTS you will have to finance it through an independent bank or pay cash for it. If you want to lease, you would be better off going with a 2006 model. It has larger cash incentives available on it, a special lease rate, and higher residual values than an '05 model would.
Car_man
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- #78 of 372
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2006 CTS-V Lease Numbers
by andre1
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Aug 29, 2006 (1:13 pm)
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Car_Man,
It appears that GM is offering $4000 customer cash on all 2006 CTS-V's. How much of that customer cash is eligible to be used if I lease the vehicle? Also, what are the August lease rates(money factor, residual) on 2006 CTS-V for 24 and 36 months for 12K and 15K miles per year. Thanks.
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- #79 of 372
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CTS-V
by carlaw1
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Aug 30, 2006 (10:39 pm)
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Car_man,
I am looking for the same information on the CTS-V. Thanks again.
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